| SLV latest price $22.2200 (0.5%) ($21.9300 - $22.3550) on Fri. Aug. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 66 |
Latest Price | $22.2200(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SLV advances 1.3% a day on average for past five trading days. |
Weekly Trend | SLV advances 2.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SLV advance at 0% a week (0% probability) GDXJ(78%) GLD(78%) SIL(77%) GDX(76%) BWX(49%) |
Factors Impacting SLV price | SLV will decline at least -0.8% in a week (0% probabilities). UUP(-30%) TBT(-28%) IGOV(-1%) UNG(3%) SMH(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.8% (StdDev 1.6%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.5% |
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